3, GREENBANK ROAD, PENWORTHAM, PRESTON, PR1 9QN - £195,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 GREENBANK ROAD is a very small detached house of 69m², built sometime between 1900 and 1929. It was last sold for £195,000 in November 2007, which was around 21% below the average November 2007 detached price in the South Ribble local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

3 GREENBANK ROAD Sold Prices

Land registry data shows three sales for 3 GREENBANK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. One of the three 3 GREENBANK ROAD sales was for below the average price, whilst two were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 22 NOV	£195,000	£245,325	21% below HPI
2004 24 FEB	£178,000	£176,409	1% above HPI
2001 29 OCT	£114,950	£110,013	4% above HPI

3 GREENBANK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The three 3 GREENBANK ROAD sales between October 2001 and November 2007 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2007 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 GREENBANK ROAD?

3 GREENBANK ROAD is 69m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of detached houses in Penwortham, based on EPC data. The below chart shows the distribution of detached houses by size in Penwortham, and where 3 GREENBANK ROAD lies on this distribution: 7% of detached houses are smaller than 3 GREENBANK ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Penwortham.

3 GREENBANK ROAD: Plot and Title Map

3 GREENBANK ROAD sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 3 GREENBANK ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 GREENBANK ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 GREENBANK ROAD?

3 GREENBANK ROAD is located in PENWORTHAM, in the PR1 postcode district. The below map shows the position of No. 3 on GREENBANK ROAD.